effective load-carrying capability (ELCC)
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FERC approved PJM's proposal to rework several areas of its capacity market centered around aligning how resources’ capacity contributions match up to system risk analysis.
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The Resource and Energy Adequacy Leadership (REAL) Team, a cross-section group of regulators, directors and stakeholders, is the answer to SPP's No. 1 strategic priority: resource adequacy.
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Generators that plan to come online by the start of the 2025/26 delivery year will have until Dec. 12 to notify PJM of their intent to participate in the Base Residual Auction for that year.
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SPP stakeholders approved two revision requests that set resource adequacy policies, but not before rejecting a compromise position offered by two stakeholder groups.
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Comments are due Nov. 3 on PJM’s proposal, which it said would improve reliability and incentivize resource development while controlling costs.
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SPP stakeholders asked two working groups to consider compromise language on a pair of tariff revisions related to resource adequacy policies.
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PJM and stakeholders presented their final CIFP proposals and posted executive summaries explaining how their packages would redesign the RTO's capacity market.
PJM
PJM stakeholders approved a load model for the 2023 reserve requirement study during the Planning Committee's Aug. 8 meeting.
PJM
PJM showed updated risk analysis figures and stakeholders made new proposals during the July 17 Critical Issue Fast Path process meeting.
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SPP’s REAL Team is taking up multiple resource adequacy issues as it works to ensure the RTO has enough accredited capacity to meet future demand.
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